사업부문별정보등의 공시 현황 연구

초록

This study examines the segment disclosure pattern of Korean (listed) firms after establishing ‘Article 87: Additional footnote disclosures’ in 1999 for the first time, Using a sample of 456 Korean firms that filed their FY 2006 financial statement at the DART system, this paper empirically examines the segment-related information disclosure required under Article 87. The results show that 184 firms(40.3%) report segment information in their financial statement. Among these firms, 167 firms (90.7%) report Line-of-Business information only and 4 firms report Geographic information only. And 13 firms(7%) report both information. Korean firms seem to provide more Line-of-Business than Geographic information. The segment information disclosure can provide relevant information to investors when firms operate several business activities in different environments. However, even the Standard has yet to be established in Korea. With a large sample, this study shows how Korean firms disclose segment related information and will shed light on the direction for that establishment.

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